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I can not understand, that it is even possible to subscribe to such a system, where the vendor states, that he will blow accounts frequently.
This time unfortunatly well before withdrawing 3x the initial balance.
A very good example for inexperienced traders to read the thread and also look at the trading.
All mistakes ever possible to make are build into this system.
Specially interesting to see the behaviour of the system vendor:
When the system made profits, no colour was bright enough and no letter large enough to advertise his services. Once system turned negative:
Dead Silence, not even a comment.
And "yes", some of my clients asked me to test the system on a Demo account after the first very successful week, here is my statement after week 2 day 2:
"The tested system violates almost all trading priciples with respect to positionsize vs account balance and trade management and must be considered a pure gambling system. Novice traders might get thrilled by a week with 100% profits and jump in, just to lose the total account with profits the week after."
My moral of the story:
Stay away from Crab(p)
JanusJanus,
Thanks for the testing of Crab(p!!!). I should mention you some points:
1. The system is still alive and it hasn't blow up the original account. you can check with it's Live statement:
Statement: FarhadCrab-Lite EA by Farhad M. Salimi - Visit FarhadSalimi.com
2. I'm still here and there's not any dead silence here. I merely had a lot of work to do and I couldn't continue the daily comments for a while.
3. I should confess that the performance hasn't been so good. That was due to the lack of compatibility of my FarhadCrab-Lite with RAS system but the system is still in profit.
4. My system is high risk and I have mentioned it several times but IT'S NOT CRAP.
Regards
Farhad
At least you have to admit that this guy is honest. He doesn't tell lies. Others will wipe out your account too, but they'll never admit it.
chk56
Thanks for your comment.
FarhadCrab-RAS (RAS ID: #21303
Hi,
I have changed FarhadCrab-Lite to be completely compatible with RAS and ECN brokers. I have called the result: "FarhadCrab-RAS". I have created a new singnal under RAS on the following link:
http://rentasignal.com/signal/view/21303
FarhadCrab-RAS is my newest EA of FarhadCrab Expert Advisor Series.
FarhadCrab-RAS is a "COMPLETELY RAS COMPATIBLE" version of my Latest Expert Advisor (FarhadCrab12).
For more information please visit:
Http://farhadsalimi.com
for the Latest Live Statement please visit:
Statement: FarhadCrab EA by Farhad M. Salimi - Visit FarhadSalimi.com
The address of signal on the RAS is
FarhadCrab | Rent a Signal ES
You should download and install RAS EA from rentasignal.com:
http://rentasignal.com/downloads/RAS_EA.exe
the manual is here:
http://rentasignal.com/downloads/ren...ruction_en.pdf
the RAS Ea will clone all my positions into your metatrader (FarhadCrab ID = 21303) .
For more information please visit:
https://www.mql5.com/en/forum/179168
Or you can ask your quetion here on this thread. I'll be glad to answer.
The max DD never exceeds 20% which is very reasonable for high risk scalping.
FarhadCrab-RAS works Round the clock on almost ANY CURRENCY PAIR and of course as a scalper most of its positions are opened in Asia Session.
THE BEST BROKER FOR FARHADCAB-RAS IS THECOLLECTIVEFX.COM AND FXCM.COM SINCE THECOLLECTIVEFX.COM IS NOT AVAILABLE FOR EVERYONE I RUN FARHADCRAB-RAS ON FXCM.COM
The minimum account size with 0.01 Lot is 1000$ and with 0.1 Lot is 10000$. MY SIGNAL VOLUMES ARE BASED ON $10000 ACCOUNT.
(Note: FarhadCrab-Lite is still running on the RAS but I will not support it anymore)
Have a good time with my new FarhadCrab-RAS
Kind Regards
Farhad
chk56 Thanks for your comment.
Hi Farhad,
Life is funny: I just fell victim of a very "honest" vendor (signal 1135 GBPJPY Pips) priced $150 a month. He didn't tell nothing about being risky or blowing accounts, he just did it. Made a 600 pips loss just for fun (he could have closed several times in profit, but he didn't)
Of course, this sucker doesn't appear on this forum. He just cashes in his monthly fees and dissapears from the scene...
But they call YOU a gambler...
Maybe you should price your signal to.. hmmm.. let's say $300 monthly, and then they will say: Wooow - he must be real good!
Thanks
I have tried to get the RAS signal page to subscribe to the RAS version, and it is not listed or findable
It is here FarhadCrab-RAS | Rent a Signal
It is inactive signal.
If need to activate so post here https://www.mql5.com/en/forum/179156 (or may be we need a clone as automatic buyer?).
Hi Farhad,
Life is funny: I just fell victim of a very "honest" vendor (signal 1135 GBPJPY Pips) priced $150 a month. He didn't tell nothing about being risky or blowing accounts, he just did it. Made a 600 pips loss just for fun (he could have closed several times in profit, but he didn't)
Of course, this sucker doesn't appear on this forum. He just cashes in his monthly fees and dissapears from the scene...
But they call YOU a gambler...
Maybe you should price your signal to.. hmmm.. let's say $300 monthly, and then they will say: Wooow - he must be real good!
Hi CHK56,
I'm a professional trader and my job is trading and I should confess that I'm an aggressive one. I believe that one of the best ways to profit in the currency market is the speculative approach and hence my strategies are based on this approach.
In the new FarhadCrab-RAS EA i've tried to moderate this approach so that it's upon the trader who decide about the risk.
As you have mentioned many of us think that the more expensive a strategy the better is that but I do not believe so.
Thanks again
Farhad
I have tried to get the RAS signal page to subscribe to the RAS version, and it is not listed or findable
Atlan,
The signal subscription is inactive for the time being and NewDigital has promised to activate it within 2 days.
Thanks for your patience.
Farhad
FarhadCrab-RAS
Hi,
FarhadCrab-RAS is now active.
http://rentasignal.com/signal/view/21303
You can subscribe FarhadCrab-RAS signals via following Link:
http://rentasignal.com/payment/signal/21303/subscribe
You can check FarhadCrab-RAS Live Statement from the following link (It refreshes every 5 Min)
http://farhadfx.com/Elliott/statement.htm
Please note that FarhadCrab-Lite is different from FarhadCrab-RAS. FarhadCrab-Lite is free but I charge $5 for FarhadCrab-RAS subscription. Low fee for FarhadCrab-RAS ($5) doesn't mean it is unworthy or it is not important to me. I'm a professional trader and I earn my living by TRADING. I have some customers with high capital too (My FarhadCrab12 EA has a $500 Monthly subscription and of course I do not accept any more subscribers for that EA). So I don't need to charge a lot for my FarhadCrab-RAS EA signals. I merely want to be in the Market (and of course I have several more reasons to offer nearly FREE signals).
Enjoy my FarhadCrab-RAS signals and i will continue daily comments from the next week.
Happy Weekend!
Regards
Farhad
1222
My test on your signal is running well. While others have suffered a 40+ per cent DD, you are doing well. I appreciate your efforts, and look forward to contributing for your work.
This is thecollective ECN broker for comparison to other brokers I will keep running.